Iowa Powerball Xs & Os Prizes & Odds

    Every prize and the odds of winning it on one play.

    Odds of winning any prize: 1 in 12.16. Every prize, the jackpot included, is paid in cash, with no annuity.

    Match 8 of 8 teams$1.5MNext jackpotOdds to win: 1 in 10,518,300
    Match 7 of 8 teams$20,000Odds to win: 1 in 54,783
    Match 6 of 8 teams$500Odds to win: 1 in 1,361
    Match 5 of 8 teams$40Odds to win: 1 in 92.8
    Match 4 of 8 teams$7Odds to win: 1 in 14.14

    3.8% state tax is withheld from prizes over $600, plus 24% federal tax from prizes over $5,000. What a prize pays after taxes

    Reviewed by Bishop Woosley, former Director of the Arkansas Scholarship Lottery and NASPL President.

    You can't change Powerball Xs & Os' odds.
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    What a win pays after taxes, where to cash it, and other games’ prizes.

    Frequently Asked Questions

    Answers about Iowa Powerball Xs & Os prizes and odds

    How much does Iowa Powerball Xs & Os pay?
    On a $5 play, Match 8 of 8 teams wins the jackpot, an estimated $1.5 million (odds 1 in 10,518,300). Match 7 of 8 teams wins $20,000 (1 in 54,783), Match 6 of 8 teams $500 (1 in 1,361), Match 5 of 8 teams $40 (1 in 92.8) and Match 4 of 8 teams $7 (1 in 14.14).
    Do you win anything with 4 numbers on Iowa Powerball Xs & Os?
    Yes: Match 4 of 8 teams wins $7. Fewer than 4 numbers win nothing.
    What are the odds of winning Iowa Powerball Xs & Os?
    The odds of winning any prize are 1 in 12.16. Match 8 of 8 teams wins the jackpot, an estimated $1.5 million, odds 1 in 10,518,300.
    Are Iowa Powerball Xs & Os winnings taxed?
    Iowa taxes lottery winnings at 3.8%. 3.8% state tax is withheld from prizes over $600, plus 24% federal tax from prizes over $5,000.
    How do you claim Iowa Powerball Xs & Os winnings?
    Claim an Iowa Lottery prize $600 or less at any retailer, a regional office or the Iowa Lottery Main Office in Clive, over $600 to $250,000 at a regional office or the Iowa Lottery Main Office in Clive and over $250,000 at the Iowa Lottery Main Office in Clive, within 180 days of the drawing. Prizes up to $250,000 can be claimed by mail.

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